Pakistan’s attempt to support manufacturing of solar and wind energy components through a five-year tax exemption is not enough and more incentives are needed to encourage such investments in the south Asian nation, according to the director of a local firm that is planning to set up its own domestic solar module assembly production facility.
Integrated PV module manufacturer REC Group has said it invested US$150 million in developing and rolling out into volume production a new N-type monocrystalline-based heterojunction (HJ) cell that will use Meyer Burgers ‘SmartWire’ (SWCT) cell connection technology.
US-headquartered high-efficiency solar panel manufacturer SunPower Corp has started ramping production at its first volume manufacturing plant in Oregon, USA.
‘Solar Module Super League’ (SMSL) member Canadian Solar has surprised with an upwardly revised PV module shipment forecast for the fourth quarter of 2018.
India has approved a 12GW solar scheme for central public sector undertakings (CPSUs), which are state-owned enterprises, and it includes a requirement to source cells and modules locally.
ROTH Capital Partners has become increasingly bullish on a strong rebound in global solar demand in 2019, led by competitive pricing dynamics with other energy sources and increasing optimism that China will provide good subsidy support for solar in 2019 and onwards.
When we established the Silicon Module Super League (SMSL) a few years ago, it was prompted by the realisation that a select group of solar PV module suppliers were moving away from the 100+ chasing pack, and firmly establishing themselves as the companies that would be the dominant players as the industry moved towards and above annual shipment levels of 100GW.
Tesla reported as expected lower solar system installations for the fourth quarter of 2018, while citing continued testing of its roof tile system for a still vague roll-out timetable for mass production and deployments.
China-based PV module materials and N-type mono module manufacturer Jolywood (Suzhou) Sunwatt Co expects net profit in 2018 to be in arrange of 22.65% to 41.9% lower than in the previous year.
ForeFront Power, a subsidiary of Mitsui has completed the first 27MW community solar project in Wayne County, New York, as part of nine projects totalling over 75MW to serve over 10,000 customers across New York.